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Sunday, October 6, 2024
TopicRBI

Topic: RBI

Front page crisis: SOS on Yes Bank, spread of coronavirus & Delhi riots

A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.

To use cryptocurrency or not is no more a question in India. RBI must now fix payment market

Facebook’s Libra clearly demonstrates a demand for cheaper and faster global payments service. RBI must accelerate its research on payment methods to serve this demand.

Why RBI lost its patience and decided to seize Yes Bank

RBI was forced to step in after Yes Bank’s latest effort to raise new capital failed to materialise and the lender ‘was facing regular outflow of liquidity’.

RBI caps cash withdrawals from Yes Bank at Rs 50,000, imposes moratorium

The central bank has put a cap on cash withdrawals at Rs 50,000 for the private sector lender.

Deposits after demonetisation rose by Rs 6 trillion and yet bank credit fell, study shows

Canada-based economics professor's study finds that on the cost side, there is strong evidence that demonetisation reduced employment, especially in informal sector.

India’s $476 billion forex firepower can help arrest rupee’s panic drop

RBI could deploy some of the forex stockpile to steady the rupee, which has tumbled more than 2% over the past week as more coronavirus cases are detected.

RBI sees room to cut interest rates to protect Indian economy from coronavirus impact

RBI Governor Shaktikanta Das says India has option of a rate cut & supporting the market through liquidity measures to shield economy from coronavirus.

RBI says it’s ready to act to calm markets amid coronavirus disruption

RBI says it stands ready to take appropriate actions to ensure orderly functioning of financial markets, maintain market confidence & preserve financial stability.

RBI doesn’t have much room to cut interest rates anymore, Goldman Sachs says

Goldman analysts say there may not be a need for any ‘further significant loosening of monetary policy stance’ unless economic conditions warrant so.

Before visit, Pratap Bhanu Mehta, C Raja Mohan, K Srinivasan on Trump’s policies & politics

Today’s political, economic & strategic punditry from Pratap Bhanu Mehta, C Raja Mohan, Krishna Srinivasan, Madan Sabnavis & many others.

On Camera

Make it a Fundamental Right of every religionist to propagate, convert: TT Krishnamachari

On 6 December 1948, TT Krishnamachari spoke in the Constituent Assembly during a debate on Article 19, supporting it as it is, including how it's framed in the matter of religion.

How businesses can become more resilient to the physical impacts of climate change

Extreme weather events have impacted 50% of corporate respondents to a recent survey. This underlines the importance of significant action now to increase climate resilience.

Iran’s Shahab-3, India’s Agni-1 to US’s Minuteman III—ballistic missile arsenals, who has what

Iran used Shahab-3, along with Fattah-1 hypersonic missiles, to attack Israel after the killing of Hezbollah leader Hasan Nasrallah in air strikes on Lebanon's Beirut.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?